Legal Aspects of Business

LEGAL ASPECTS OF BUSINESS

Module-1

Indian Contract Act, 1872: General Principles of Contract Act-Introduction, Essentials of a valid contract, Agreement and Contract, Types of Contracts, Proposal and Acceptance, Capacity to Contract, Free Consent, performance and Discharge of a Contract, Remedies on Breach of a Contract. Specific Contracts Indemnity, Guarantee, Bailment, Pledge, Agency, etc. Rights & Duties of the Respective Parties, Applications in the Business World 

Module-2

Companies Act, 2013: Introduction, Types of Companies, Memorandum & Articles of Association, Prospectus, Meetings, Appointment and Removal of Directors& Managers, Membership of a Company, Issue of Capital, Amalgamation and Reconstruction. 

Partnership Act: Applications of the Act, Definition of Partner, Mutual Rights and Liabilities 

Indian Trusts Act: Meaning of Trust, Creation of Trust, Purpose of a Trust, Who can be a Trustee

Module-3

Negotiable Instruments Act – 1881: Instruments, Types of Negotiable Instruments and Their Essential Features Dishonour of Instruments 

GST Act, 2017: Basic Understanding and Applicability, Registration Process

Sale of Goods act, 1930: Contract of Sale and its Features, Conditions & Warranties, Performance of Contract, Rights of an Unpaid Seller, Breach of Contract

Consumer Protection Act, 1986:  Introduction, Consumer & Consumer Disputes, Consumer Protection Councils, various Consumer Disputes Redressal Agencies.

Module-4

Intellectual Property Rights (IPRs) - Introduction, Their Major Types Like PATENTS, Trademarks, Copyrights, Industrial Designs, etc. Important Provisions with Respect to Registration, Renewal, Revocation, Remedies in Case of Infringement.

Environmental Laws: Introduction, Major Laws Like Air Pollution, Water Pollution, Environment Protection, Powers of Central & State Governments, Various Offences & Penalties

Information Technology act, 2000: Introduction, Digital Signature, Cybercrimes and Remedies. Electronic Records, Controlling and Certifying Authority, Cyber Regulation Appellate